Senior Analyst Statutory Accounting
Location: Mumbai (Head Office)
Work Mode: Hybrid
Position Title: Sr Analyst, Statutory Reporting
Summary:
The Senior Analyst, Statutory Reporting is responsible for the preparation, review, and coordination of statutory financial statements and regulatory reports for multiple global legal entities, including those in India and other key Asia-Pacific (“APAC”) jurisdictions. The role ensures compliance with local GAAP and regulatory frameworks, supports internal reviews of non-statutory entities, and serves as a key liaison for external auditors and cross-functional stakeholders. The position requires strong technical accounting skills, experience with international statutory frameworks, and the ability to manage complex multi-entity reporting processes. This role will be an essential member of the Chief Accounting Office & Controllership team, collaborating with cross-functional departments across the company (Hershey Business Platforms, Tax, Controllership, Finance, Legal, among others).
Major Duties and Responsibilities:
The Sr Analyst, Statutory Reporting will be responsible for the following duties:
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Prepare, review, and file statutory financial statements for legal entities in multiple countries, including India (Indian Accounting Standards), and other APAC regions in accordance with local accounting and regulatory requirements.
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Perform legal entity-level financial reviews, including for entities not subject to statutory reporting requirements, to ensure completeness, accuracy, and alignment with corporate governance standards.
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Act as a point of contact for external auditors, providing audit schedules, reconciliations, and supporting documentation as required.
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Reconcile US GAAP to local GAAP adjustments; maintain proper documentation and ensure appropriate accounting treatment per jurisdiction.
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Collaborate with global Tax, Treasury, Legal, and FP&A teams to ensure timely and accurate information flow for statutory reporting and compliance.
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Monitor and interpret changes in local accounting standards, tax regulations, and statutory disclosure requirements across applicable jurisdictions.
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Drive process improvements and automation initiatives to enhance reporting accuracy and reduce manual work.
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Assist with the legal entity rationalization, restructuring, or intercompany transactions from a statutory reporting perspective.
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Maintain internal controls and compliance procedures, ensuring alignment with SOX or equivalent regulatory requirements.
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Support special projects, including new country/entity setups, audit readiness, M&A integrations, joint ventures, and system enhancements.
Minimal Experience Requirement:
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3-5 years of experience in statutory reporting, financial reporting, or external audit with exposure to multinational entities and cross-border compliance.
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Prior experience working with regional or country-specific regulatory frameworks desirable.
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Background in a public accounting firm or multinational corporation is preferred.
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Bachelor’s degree in Accounting, Finance or related field (India Chartered Accountant, CPA or similar qualifications preferred).
Minimal Skills and Knowledge:
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Strong knowledge of accounting principles: US GAAP and local GAAPs (particularly India, among others), with demonstrated experience preparing and reviewing financials in multiple jurisdictions.
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Understanding of legal entity structures, cross-border transactions and intercompany eliminations.
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Strong project management skills, with ability to manage multiple priorities with competing deadlines.
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Excellent interpersonal skills, with ability to engage and influence stakeholders without direct authority as a collaborative business partner.
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Strong analytical, technical, and problem-solving skills, with high regard to attention to detail, accuracy, and integrity.
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Influential communication and presentation skills, with ability to convey complex information to diverse audiences at varying levels of the organization
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Eagerness to learn and innovate processes to drive efficiencies in a rapidly evolving statutory landscape
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Exposure to SAP, Group Reporting, BlackLine and Workiva software/tools preferred
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Strong proficiency with Microsoft Office (e.g., Excel, Word, PowerPoint, Outlook)
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Aspiration to growth within the company